13 Jan 2021

Sale of Leasehold Interest in Sandcrawler Building

Partners Norman Ho and Gazalle Mok from Rajah & Tann Singapore acted for Lucas Real Estate Singapore Pte Ltd in its sale of the balance 30 year leasehold interest in the iconic state-of-the art facility, The Sandcrawler (a futuristic building modelled after the Star Wars franchise's vehicles), together with 1 Fusionopolis View, Singapore, to US private equity giant Blackstone Group for S$175.8 million.